Ecuador: Discover the World's Best-Value Beachfront
The Costa de Oro (Gold Coast) offers miles of sandy beach and bargain properties
If you're dreaming of a sunny bolt hole overseas...but you didn't think you could afford it, here's some news you'll like.
One country on our radar can give you that beach lifestyle you dream of...at a price you can afford. Think California in the 1950s, before prices got out of hand.
This low-cost paradise is on Ecuador's South Pacific coast. Ecuador is the place to go to make your retirement dollars stretch even further...and this applies not just to lifestyle, but to real estate values, too. This is where you'll find some of the world’s cheapest beachfront... where you can still afford that rare opportunity to live just a couple of steps from the sand.
A 4-bed, 3-bath condo just across the street from the beach costs $80,000...a 1-bed condo in a great central location will set you back $47,500...
Until now, this country's coast...with miles of unspoiled, pristine beaches, and undervalued property...was overlooked. But that's changing...
Rustic beach bars serve tasty (and cheap) lunches and snacks
Some of the World's Most Affordable Beachfront
The sea here is a deep Pacific blue, sparkling sapphire in the sun...curling around soft, sandy beaches that run for miles. Some beaches offer calm waters for swimming...others challenge you to surf. Sunrise beckons you to kick off your shoes and walk barefoot in the warm ocean, with the silky touch of an ocean breeze on your skin. Sunset calls for the gentle sway of a hammock, as the scarlet sun sinks slowly beneath the ocean waves.
The beach towns are simple and rustic. Tiny bars and restaurants with thatched roofs tempt you with the aroma of fresh-cooked fish, and the refreshing chill of an ice-cold beer. Your beach lunch will likely set you back $2.50. And the beer? That'll add $1 to the tab. You can live comfortably here for $1500 a month.
And you won't have to sacrifice home comforts in this affordable paradise.
Having spent many months exploring the length of this country's Pacific coast, we identified a number of small towns and beach resorts on this stretch, known as the Costa de Oro (Gold Coast) which offer the best values...including sophisticated Salinas with its exclusive marinas, sandy beaches and incredibly low-priced properties.
We'd like to offer you the chance to discover this stretch of coast for yourself...focusing on the bargain buys and hidden gems...at unbeatable prices.But more on that in a moment...
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Ecuador's coast reminds us of parts of the Pacific coast in Nicaragua and Costa Rica, before the real estate boom in those countries, triggered by an influx of foreign buyers.
Ecuador's coast is now on the radar of an increasing number of overseas property shoppers. Faced with economic uncertainty in the US, they're exploring more alternatives. They want a lower cost of living, and a lower-priced home. They want to cut costs without cutting their standard of living. Ecuador's coast fits the bill.
Right now, you can find some of the world's best-value beachfront here. Undervalued beachfront in one of the world's lowest-cost retirement havens... you can guess that won't be overlooked for too long...
Beach Bargains
About 90 miles from Guayaquil, Ecuador's largest city, Salinas has long been a vacation home destination for Ecuadorians. This is Ecuador's "in" playground...perfect for sunbathing, boating, surfing, and sport fishing. Residents and visitors enjoy the sun and water sports during the day. The evening is for enjoying fine dining and the vibrant nightlife.
A jetty divides the beach almost perfectly in half, close to the docks of Salinas Yacht Club. The sandy half-moon bay on the north side, where most of the action takes place, is Salinas Beach, lined with upscale high-rise apartments, hotels, restaurants, and shops. To the south is Chipipe Beach, quieter and more family oriented.
Despite the yacht clubs, and the sophistication you'll find in Salinas, though, it may be one of the world's least-expensive beach resorts.
You can own a condo with an exclusive yacht club and sandy beach just steps from your front door...for $75,246...just over $100 a square foot.
The Puerto Lucia yacht club attracts an international crowd of sailors and sport fishers...and well-heeled Ecuadorians, seeking a quiet, upscale neighborhood to raise their families. A beachfront development here, Spondylus II, is minutes from grocery stores, a shopping mall, a country club, restaurants, and medical clinics. The first tower is complete, and only a handful of units remain. One ocean-view condo is available for $75,246, for a 750-square foot unit.
Re-sale properties on the market include:
- A remodel ready condo boasts a great location, just across the street from the boardwalk and beach in Salinas. It's a spacious 1700 square feet, with four beds and three baths, and a private parking space. A sitting area in the master bedroom leads out onto a balcony. The condo needs updating, but the list price of $80,000 works out at $47 a square foot- for a boardwalk condo in a resort city.
- A one-bed, one and a half bath condo, close to the beach, restaurants and cafes, for $47,500. It covers 70 square meters (753 square feet). That works out to $63 a square foot. It's got a spacious open-plan layout. Better yet, it's got an ocean view. It's not just the price tag that's low. The condo fees average $50 per month. And the current owner hasn't ever paid more than $100 property tax. That's $100 per year, by the way.
- A three bedroom town home in the charming Chipipe neighborhood, just three short blocks from one the of nicest beaches in Salinas. The home has unique details, such as an open plan in the living/kitchen area and upgraded cabinetry and appliances in the kitchen. The 121 square meter (1300 square foot) town house is in excellent condition with easy upkeep, and the asking price is $89,500. That's $68.85 per square foot...for a stylish home in one of Salinas/ nicest beachfront neighborhoods.
See For Yourself...
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To get an up-close look at some of the most exciting, best value properties in Ecuador's Southern Pacific, take a tour with Amy Pinoargote, one of the Spondylus developers.
Amy runs real estate tours in and around Salinas. She's an expat herself, originally from the US, but now living in Salinas with her husband Gerardo, who grew up here. (You'll hear first-hand from Gerardo about the growth and development of Salinas over the years.)
Amy uses her local knowledge and connections to find the best properties--at the best price. She won't give you a hard-sell sales pitch on your tour...instead, she'll help you uncover this amazing location, and give you the lowdown on what it's really like living here year-round.
Amy will work with you to show you the properties that fit with your needs, your budget (and your dreams, too). Don't want a condo? No worries...Amy will only show you houses. Want to check out the local hospital...malls...farmers or seafood markets? You can add those to your custom tour. You'll see exactly what you want to see, when you want to see it, at your own pace. Contact Amy here today to start planning your personalized tour.
Currently overlooked, Ecuador's coastline will be next on the list for U.S. retirees and vacation homebuyers. These low values won't remain low for much longer. I strongly urge you to check out this affordable stretch of coast sooner rather than later.
Margaret Summerfield
P.S. The cost of the tour will vary depending on how long...or how short...you want it to be, how much ground you'll cover and how many properties you view. It's up to you. A typical 5-night, 4-day tour, covering Salinas and nearby beach towns...including accommodation and transport, and half-board, runs around $575 per person. Contact Amy here to find out more about Gold Coast property bargains, and start planning your custom tour.
